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Use the Real Estate Amortization Table to Find the Monthly

Question 121

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Use the real estate amortization table to find the monthly payment for the loan. Use the real estate amortization table to find the monthly payment for the loan. -What is the monthly payment on a 30-year loan of $106,600 if the annual interest rate is 7%? A) $753.66 B) $745.13 C) $826.15 D) $708.89
-What is the monthly payment on a 30-year loan of $106,600 if the annual interest rate is 7%?


A) $753.66
B) $745.13
C) $826.15
D) $708.89

Correct Answer:

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